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FIRPTA Explained: Understanding Its Impact on Real Estate Transactions

FIRPTA solutions and services affect a wide range of real estate transactions and can be complex for both foreign sellers and U.S. buyers. Understanding its requirements is essential for avoiding legal and financial penalties and ensuring a smooth transaction process.

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FIRPTA Explained: Understanding Its Impact on Real Estate Transactions - GAMESBAD BLOG
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FIRPTA Explained: Understanding Its Impact on Real Estate Transactions - GAMESBAD BLOG

The Foreign Investment in Real Property Tax Act (FIRPTA) is a U.S. federal law enacted in 1980 to ensure that foreign individuals selling real estate in the